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[ad_1] The Nigerian Navy, Forward Operating Base, FOB, Ibaka, in Mbo local government area of Akwa Ibom State, has arrested 13 suspects and seized 2,053 bags of rice they smuggled into the state. The Commanding Officer, FOB, Captain Peter Yilme disclosed this while handing over the suspects and 50kg bags of rice to the Deputy […]
[ad_1] Africa’s agricultural business will be worth $1 trillion by 2030, the African Development Bank President (AfDB), Akinwumi Adesina, has said. Mr Adesina explained that this could be achieved due to the need to feed the expected continent’s increased population that is estimated to hit 2.5 billion by 2050, double its current 1.2 billion. The […]
[ad_1] • Tomato Jos operates largest active tomato farm, gets 7 times above average yield Mira Mehta is the Chief Executive Officer (CEO) of Tomato Jos, a leading agribusiness in Northern Nigeria that produces tomato paste and other agricultural products for the domestic market, sourcing inputs from smallholder farmers. After graduating from Brown University […]
[ad_1] India’s population is growing in size and wealth while grappling with pollution and climate stress. This all, in turn, exerts pressure on the subcontinent’s sprawling food systems, which have long been criticized for being too opaque, too complex, too wasteful — and too hard on the millions of smallholder farmers doing their best to […]
[ad_1] Ogun State Governor, Prince Dapo Abiodun has described the choice of the state to pioneer the Federal Government programme on agriculture in the South-West region of the country as a testimony to his administration’s policy on agriculture, which he said was aimed at ensuring food security and provision of employment. Abiodun, who stated this […]
[ad_1] Hundreds of farmers from over 12 villages in the Oja Odan community in Yewa North Local Government Area of Ogun State, on Wednesday, protested the incessant attacks and destruction of their farms by herdsmen and their cattle. The farmers who took their protest to the Palace of the Eselu of Iseluland, Oba Akintunde Akinyemi, […]
[ad_1] Irish potato farmers in Katsina State are experiencing tremendous drop in the yields of the produce, a situation that is affecting its supply to the market. Our correspondent in the state reports that the price of the produce has slightly gone up because of the low supply. The produce, which is harvested between 70 […]
[ad_1] Since September last year, the local rice industry has witnessed one of the most prosperous moments in history due to the temporarily shut down of the borders. But fear is beginning to grip farmers and processors as conversation around reopening the border is heightened, even though news made the round last week that the […]
[ad_1] Following several warnings from international organizations like United Nations World Food Programme (WFP) that hunger crisis is looming in some parts of the country; the Nigeria Commodity Exchange (NCX) and AgriFin Nigeria have begun strategic moves to tackle the situation headlong. Daily Trust reports that the federal government established NCX to provide a national […]
[ad_1] When a major foodservice player like Sodexo calls up your relatively young startup to ask whether you’d be interested in providing indoor ag services for their university clients, it’s safe to say you’ve arrived. “Their partnership team reached out to us and said this is a huge problem we are trying to solve and […]
[ad_1] ENUGU– HERDS were let loose by herders in Oji-Agu in Akpugo community, Nkanu East Local Government Area of Enugu State, where they invaded and destroyed a rice farm worth over N17 million. This happened in the face of the forest guards set up by the Enugu State Government to protect the rural areas from […]
[ad_1] Acre Venture Partners (Acre VP), the agri-foodtech investment firm, has reached a first close on its second fund, a multi-LP fund targeting around $125 million, the same size it reached for Fund I. The firm was founded in 2016 when it launched Fund I, a single LP fund backed by Campbell’s Soup. Fund II […]
[ad_1] *Stay tuned for updates to this story later today after we speak to Agworld about why it invested in Greenbook and how it intends to use its platform.* There’s been a lot of talk about increasing consolidation in the agtech space lately. With breaking news of another tie-up this morning, perhaps the talk is […]
[ad_1] Canadian cleantech fund ArcTern has contributed to a $3.5 million increase in the Series B round of funding for Canadian agtech startup Terramera. Terramera is a crop protection products manufacturer that aims to reduce chemical use in agriculture by 80%. This is ArcTern’s fourth investment from its $200 million Fund II but appears to […]
[ad_1] Nigeria may begin to export rice in two years, the Minister of Agriculture and Rural Development, Sabo Nanono, has said. The minister said this during a press conference after a visit by Nestle Nigeria, in Lagos, on Tuesday, the ministry said in a statement. “With the improved production rate, Nigerian rice will soon be […]